Saba Closed-End Funds ETF (BATS:CEFS) Shares Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC raised its stake in Saba Closed-End Funds ETF (BATS:CEFS) by 5.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 201,285 shares of the company’s stock after buying an additional 10,715 shares during the quarter. Proficio Capital Partners LLC’s holdings in Saba Closed-End Funds ETF were worth $4,161,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CEFS. Fortress Wealth Management Inc. acquired a new stake in shares of Saba Closed-End Funds ETF during the fourth quarter worth about $5,830,000. Lionsbridge Wealth Management LLC acquired a new stake in shares of Saba Closed-End Funds ETF during the fourth quarter worth about $921,000. PFG Investments LLC acquired a new stake in shares of Saba Closed-End Funds ETF during the first quarter worth about $886,000. Principal Securities Inc. acquired a new stake in shares of Saba Closed-End Funds ETF during the fourth quarter worth about $447,000. Finally, Chicago Partners Investment Group LLC raised its holdings in Saba Closed-End Funds ETF by 22.5% in the fourth quarter. Chicago Partners Investment Group LLC now owns 61,583 shares of the company’s stock valued at $1,171,000 after acquiring an additional 11,323 shares in the last quarter.

Saba Closed-End Funds ETF Trading Down 0.2 %

BATS:CEFS traded down $0.04 during mid-day trading on Tuesday, hitting $21.51. The stock had a trading volume of 29,036 shares. The stock has a 50-day simple moving average of $20.82 and a two-hundred day simple moving average of $20.05. The company has a market capitalization of $198.92 million, a PE ratio of 18.35 and a beta of 0.72. Saba Closed-End Funds ETF has a twelve month low of $19.83 and a twelve month high of $22.14.

Saba Closed-End Funds ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 25th. Investors of record on Monday, June 24th were issued a $0.14 dividend. The ex-dividend date of this dividend was Monday, June 24th.

Saba Closed-End Funds ETF Company Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk.